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‘(1) The Secretary of State may by regulations amend for any purpose the definition of “money purchase benefit” in the Pension Schemes Act 1993, the Pensions Act 2008 or Schedule 10A to the Building Societies Act 1986.
(2) Regulations under subsection (1) may in particular amend the provisions inserted by section [Definition of money purchase benefits] above).
(3) Regulations under this section may include transitional, consequential or supplementary provision.’—(Steve Webb.)
Brought up, and added to the Bill.